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Your mother just won $258,419 from splitting a Nobel Prize with three coworkers. If she invests her prize money in a diversified equity portfolio returning 77 percent per year, approximately how long will it take her to become a millionaire, before accounting for taxes?
If she invests her prize money in a diversified equity portfolio returning 7 percent per year, to become a millionaire, before accounting for taxes, it will take her nothing years.
The study of government regulation and the competitive environment for business is relevant to all those who study business. All business candidates need to understand how the competitive environment will impact their employers and businesses.
Assume that a men's dress shirt was selling at $100 in a store. After one week, the store sold only 50 shirts. Then the manager of the store declared a sale "buy one get one free". This resulted in a sale of 200 shirts in the following week. Calculat..
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your “No Haggle” sales policy. Last year, your dealership earned record profits of $2 million. What price should you charge for a midsized automobi..
Does Ike feel emotionally neutral since the dollar value of the gain in his stock portfolio exactly offsets the amount of extra taxes he has to pay
Can you say anything about how the price charged in each market relates to the relative price elasticities of demand you calculated in part d? Try to explain intuitively using an example of a real product that you might consume, in which the supplier..
Suppose there are two types of shirts available to Carl: red shirts and black shirts Carl is always wiling to exchange three black shirts for one red shirt. What type of preferences is Carl exhibiting? Draw several indifference curves to illustrate C..
When looking at firms, you will find that the level of competition is very important. How do you think that firms will change decisions that they have to make based on the barriers for these firms?
Health capital decisions: What would happen to desired level of health capital if there is an increase in educational attainment? Please use the “supply and demand” type graph. Make sure to explain the graph and answer fully.
A 5 year old machine has SV = $1,200 if sold today, and $400 if sold 5 years from now. It's operating expenses are $800 per year. A new machine is available for $2400, has expected operating expenses of $500 per year, and a SV = $1,000 at the end of ..
How did Philips (the company) become the leading consumer electronics company in the world in the postwar era? What distinctive competencies did they build? What distinctive in competencies?
In your discussion, differentiate between the taxes that are imposed by local governments and those that are imposed by the state and federal government.
If all production processes were subject to constant returns to scales for all output levels, monopolistic competition would not lead to the problem of “excess capacity”. Monopolistic competition is characterized by free entry and exit so in the long..
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